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How can I verify property registry legal documents before making the offer or buying the property

How can I verify property registry legal documents before making the offer or buying the property

How can I verify property registry/legal documents before making the offer or buying the property?

Property matters are sensitive and even a slightest miscalculation or negligence can result into big loss that can be irreparable in many cases. It is said that real estate business never goes out of ‘business’ because people are always buying or selling different kinds of property. Karachi, Lahore and Islamabad are the major cities of Pakistan and the main target of people looking to buy plots, houses, shops and other property for residential and investment purposes. As the business has quite a widespread approach and scope, it is also open to huge scams and frauds, researches and reports are enough to witness how fragile property matters are and little mishandling can go a long way.

There are multiple ways of getting your papers verified before buying a property, some of the main ways of doing it include:

1. Hiring a Lawyer or Real Estate Agent or Company

People prefer having a real estate agent and property lawyer to handle the matters and some property agents and real estate companies also offer this service. Finding a good property manager and lawyer is no less than a blessing because choosing the wrong people to work with will waste your time, efforts and investment. Understanding legal property matters is no common person’s language because of which people hire lawyers and specialized agents to handle these matters. There are many property lawyers and agents in Karachi, Lahore and Islamabad that work in this area and helping people with their property matters, some research and you will definitely find your legal match.

2. Verifying the Documents Yourself

It is good to have some knowledge about the documents and papers you need to verify before purchasing the property. To know the legitimacy of the seller and if the sold land is legal and as per the property and land laws of Pakistan, you will need to check the following details and documents:

  • Title Deed: Title deed is one of the main documents of any property; it is a legal way of ascertaining that the seller owns the property legally and have all the rights of selling it.
  • Mother Deed: Mother Deed is the evidence and proof of ownership that traces the origin of the property and explains how the property came into the owner’s possession i.e. through family heritage, through parents, as a gift or purchased by self. It is an important document and in case its missing, the seller must obtain certified copies from concerned registered authorities.
  • Sale Deed: A sale deed is a main legal document that acts as a proof of transferring of property from the seller to buyer. It is important to register the deed after the sale agreement and other compliance and clauses are checked and agreed up on. It is the responsibility of the seller to clear all statutory payments like water, electricity, maintenance charges etc. before signing the sale deed.
  • Intimation of Disapproval: The documents are mandatory for under construction and newly constructed housing societies. The documents include several approvals and permissions like No Objection Certificate (NOC) from various concerned local authorities.
  • Commencement Certificate: This is a legal document issued by local authorities to confirm the legal status of the housing society or the property for sale. It verifies the property or project is as per the government criteria and is legitimate.
  • Building/Project Designs Approval Document: For newly built societies and properties, it is essential to have the layout plans and designs approved by the local authorities. Homeowners and people investing in new societies should see it first as it confirms that the designs are according to the legal criteria.
  • Purchase Agreement: Purchase agreement is the legal agreement between the buyer and seller, or the developer, and contains details like the project conditions, apartments, payment terms, deadlines, penalties etc.
  • Completion Certificate: The Completion Certificate is issued by the local bodies and confirms that the property, or the housing society, is in compliance with the government’s criteria in terms of area, distance from road, height and the proposed design plan.
  • Occupancy Certificate: Occupancy Certificate is acquired by the builder after the completion of the building; once a builder applies for an Occupancy Certificate, an inspector comes from the local authority to check the building and if it is built as per the government’s and approved plans’ design.

Other than these, many other details should be considered carefully before making the property purchase.

3. Online Verification

Online verification system has eased the documents verification system, which means that now you can verify the property possession and ownership through online system. in Karachi, Sindh Revenue Board and in Punjab, Punjab Land Records Authority have developed an online portal where you can insert details like CNIC number, khata number, khewat number etc. to know about the ownership.

About Jagaonline.com

Jagah Online works with different property developers and direct owners and sellers who are interested in selling and investing in property. We screen them rigorously and offer the documents verification services for potential buyers.

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